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Author Topic: Should I just go commit suicide?  (Read 2882 times)
contactmike1
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March 30, 2018, 09:44:39 AM
 #141

I know what you feel right now, I was in the same situation after 10 000$ losses, but what is more, I loaned that money. Untill you sold, that isn't a loss. Imagine how many people bought ETH for 1300, twice higher than you bought.
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March 30, 2018, 10:09:06 AM
 #142

You will lose your money if you sell it if not you are not losing it yet and if ethereum can break $3000 you will quadruple your money. Dont be affraid crypto matket always like this thats why many people recomend it only for very long term. My prediction you will get profit in 3-4 years from now. Especially if mass adoption happen
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March 30, 2018, 10:21:49 AM
 #143

The crypto market is not for the faint of heart. If you are scared and have no knowledge of it then stay away

Yes I really agree on this one. They think the cryptocurrency and trading was really easy that they can get a lot of money here and can easily be a rich instantly without know what really cryptocurrency are and how to trade here so far and now when their portfolio are going down they are panicking like the end of the world instead of searching blockchain technology and cryptocurrency purpose in the near future.

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March 30, 2018, 12:51:05 PM
 #144

I invested half of my  saving ($25,000)  into ETH when it was $725. ETH has now plunged to $459. I am very worried I will keep losing money and I fear for the worst.  I want to go kill myself   Huh

For your information Ethereum is not a shitcoin it is the second popular cryptocurrency in the market, so your investment will not go down the drain, I think you are into quick profit Ethereum will be here to stay as long as people are into cryptocurrency, so cheer up, next time invest only what you can afford to lose.

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March 30, 2018, 12:54:32 PM
 #145

Do not panic bro. Better to just stay and wait for the price to boom again. Soon the price will go back and you will recover from your loss
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March 30, 2018, 01:24:48 PM
 #146

just get patience and wait, you did not lose until you sold it, and for the future do not invest everything in one coin, everything will be fine
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March 30, 2018, 08:58:18 PM
 #147

I invested half of my  saving ($25,000)  into ETH when it was $725. ETH has now plunged to $459. I am very worried I will keep losing money and I fear for the worst.  I want to go kill myself   Huh
In this kind of situation, you need to commit suicide cause what you need is solution and the solution is waiting patiently. I wish you have seek for advice when the market start to dump and I would have advice you to convert your ETH  into Tether cause it back with a dollar.

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March 30, 2018, 09:07:49 PM
 #148

Just relax, you are not losing any money unless you sell. And also consider the money you invested as lost (never invest more than you can afford).
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March 30, 2018, 09:11:20 PM
 #149

It is not lose if you can wait till recovery and lets hope for the best. Dont take it seriously, think it like computer game Smiley Markets will recover but you need to see that days.
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March 30, 2018, 09:34:31 PM
 #150

Talking about suicide? Wtf dude.
Just wait for a pump and get out asap becausr crypto is not the thing for you buddy.
Hope you will get out with some pofit.
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March 30, 2018, 09:55:32 PM
 #151

I invested half of my  saving ($25,000)  into ETH when it was $725. ETH has now plunged to $459. I am very worried I will keep losing money and I fear for the worst.  I want to go kill myself   Huh

Seriously, with that amount of money you consider killing your self. Ethereum will not disappear or will not even go down to zero, the current market is just temporary and if you will just wait more you can surely recover your losses.

 
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March 30, 2018, 10:00:42 PM
 #152

First of go see a shrink, to help you out calm down. The market will rebound back up but not anytime soon. So if you can I'll advice you to stop checking the charts for about a month at least, it will keep going doing. And in order to manage your anxiety being as far away from the charts now will be beneficial.
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March 30, 2018, 10:25:16 PM
 #153

Please be patience.Do not hurt yourself.The current price drop is temporary. Just take a look at the entire crypto market, everything is down, not just ethereum. Don't worry about it and just forget about it for a few months. Ethereum is a solid project with a very active development team. I would not worry about it in the long term.After 6 months, you will laugh these days.
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March 30, 2018, 10:35:07 PM
 #154

Please be patience. In crypto market we saw that %300 increase of some coins. Eth can do better than 725 dollars. Wait to the july and you will
see 1200 1300 dollars. Don't worry. Good days are not far away. HODL!
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March 31, 2018, 06:21:02 PM
 #155

Committing suicide because you buy at higher price while the market is not looking favorable is not accepted because the market always rise back and I think you should have study what the word volatility mean in the crypto world before you start to invest. Hold till July so you can get your money and even earn some profit.

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March 31, 2018, 06:47:08 PM
 #156

I invested half of my  saving ($25,000)  into ETH when it was $725. ETH has now plunged to $459. I am very worried I will keep losing money and I fear for the worst.  I want to go kill myself   Huh

Hold onto this for a couple more years and then thank me later. I promise you ETH price will be a lot more than todays prices in just a few years. You made a good decision, it's just not going to pay off right at this moment. Give it time. Things will get A LOT better.
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March 31, 2018, 06:59:30 PM
 #157

I invested half of my  saving ($25,000)  into ETH when it was $725. ETH has now plunged to $459. I am very worried I will keep losing money and I fear for the worst.  I want to go kill myself   Huh

Hold onto this for a couple more years and then thank me later. I promise you ETH price will be a lot more than todays prices in just a few years. You made a good decision, it's just not going to pay off right at this moment. Give it time. Things will get A LOT better.

From the past 6 hours bitcoin and all the other cryptos started bumping the market. Please bear with this time. I have check the 90 days price changes in the market almost 45 percent value dumped in the market. So this should be taken like correction time.

With in some months like every year we will find the big bump in the market. There is no need of worries with the current situation since these act has been done by the whales and people against the crypto investment.
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March 31, 2018, 07:28:53 PM
 #158

I invested half of my  saving ($25,000)  into ETH when it was $725. ETH has now plunged to $459. I am very worried I will keep losing money and I fear for the worst.  I want to go kill myself   Huh
ETHEREUM price can go down or go up but your life isn't like that. Once you lose your life you can't get it back no matter what. Move your ASS of the couch and work on something to earn your money back. You might make more than $25k.

Suicide is not the solution and it will never be.

 
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March 31, 2018, 08:23:43 PM
 #159

You can think of the current market crash as a loss, or you can HODL and think of it as a massive discount.

Good to diversify your coins into different altcoins, with proper research of course. I have less than you in cryptos, but I HODL about 10 main cryptos in my portfolio including:
ONT, NEO, ELA, XLM, EOS, ADA, TRX, VEN, WAN, NCASH, IOTA, QLC, TNC, etc.

But it is up to you to do your own research and decide which projects you will be confident to HODL on to for the next year or two even if the price may drop, and if currently the price is a good buy or if it is overpriced.

IMO, try to stay away from ETH, as their technology is too far behind NEO's and EOS (that is gonna be out soon), and the milestones for ETH to catch up will take a year or two which is way too long in crypto-time.
Further, big projects such as TRON and EOS that will have their mainnet out soon will be liquidating their ETH for fiat to fund more aggressive marketing and hiring.

And last but not least, there are already some of the projects that was on ETH having migrated to the NEO-platform.

But all isn't lost for the ETH too, as I speculate that it should rise again once their Casper (PoS) system is up and running in October. However the %gain (from the current lows) will still not be able to beat the lower MCAP coins.

Try to emotionally dissociate from the losses and gains, and measure everything vs. BTC, and know that significant drop will happen, but if you invest wisely and pick projects that you believe in, you will feel safe to HODL it out for the much longer term with the hope to see actual profits.

If you invest in cryptos, you should only invest what you can afford to lose. i.e. being prepared to lose 100% with the hope to gain a possible profit of 10000% or even more in the long-run (e.g. 2-5 years ahead as adoption gradually picks up). Patience is key.

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March 31, 2018, 09:04:49 PM
 #160

I invested half of my  saving ($25,000)  into ETH when it was $725. ETH has now plunged to $459. I am very worried I will keep losing money and I fear for the worst.  I want to go kill myself   Huh

You are down a few thousand dollars, I don't see the big deal even if you would lose it all (which I don't think you will).
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